Advanced, Charts and Patterns, Glossary, N-T, Technical Analysis

Resistance Line

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The Resistance Line is a point or range in a chart that caps an increase in the price of a stock or index over a period of time.

Advanced, Glossary, N-T, Technical Analysis

Support and Resistance

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In technical analysis, “Support” is a price trend line that a stock usually won’t fall below (at least in the short term), while “Resistance” is a price trend line that it has trouble rising above